PowerCell plans $2m investment in UPS equipment

An indigenous power solutions company, Powercell Limited, said it plans to invest $2million in Uninterruptible Power Supply (UPS) equipment to ensure that corporate organisations and individuals don’t lose data as a result of power failure or fluctuations.

UPS system is a device that supplies battery backup power to computers, servers and network equipment, among others.

The Managing Director of the company, Mr Tayo Balogun, said UPS power backups sub-sector is grossly underutilised as about 85 per cent of the sector remains untapped.

Balogun, who addressed reporters in Lagos, stressed the importance of UPS in safety of electrical materials and data. He said Powercell is partnering with Newave, which recently teamed up with ABB Group, which is globally known in power construction and equipment.

Newave is globally known for UPS and it pioneered production of modular UPS – a new technology in the UPS world, which is capable of sustaining small and medium companies and currently, Powercell is the only company licensed to sell its products.

Balogun said the company has standalone UPS and modular UPS, which exists in single and three phases of 10KVA to 2.7MVA as well as other ranges, adding that before end of this month the first set of products will arrive Nigeria.

He said: “On capacity building, we are sending our sales engineers to Switzerland for training. Our products are user and pocket friendly because we will sale, maintain and promote Newave products in Nigeria. In the long term, we are also looking to bring Newave to open shop in Nigeria, assemble and manufacture its equipment and some components here. It will help to stall capital flight.

“At the moment, we are partnering the best power back-up company in the world, Newave, which is a subsidiary of ABB Group. All Newave products are of highest quality and modular UPS is the king of UPS because it enables the user to expand.”